This wasn't about the underlying CLO market - loan performance was fine. It was about which structures could absorb sentiment shifts without blowing up. High yield without coverage eventually reveals ...

O’Donnell Financial bought 131,914 shares of CLOA; trade size estimated at $6.83 million based on average quarterly pricing. Quarter-end position value rose by $6.82 million, a figure reflecting both ...

Galaxy Digital has completed its first tokenized CLO, using blockchain infrastructure to bring private credit and crypto-backed loans onchain. Galaxy Digital has closed its first tokenized ...

Barings, one of the world’s leading investment managers, today announced the launch of Barings Infrastructure CLO Ltd. 2025-I, its inaugural Infrastructure CLO at $508 million, marking a significant ...

Microsoft replaced Hossein Nowbar this fall without saying why. A press release issued by ServiceNow Monday included a glowing quote from Microsoft President Brad Smith, who'd been Nowbar's boss.

BNP Paribas guided clients through regulatory difficulties, brought innovative structures and accessed new pools of liquidity, all while executing a huge volume of dealflow across the new issue, reset ...

A portfolio of private credit loans managed by BlackRock Inc. has performed so poorly that the money manager has waived some management fees – a rarity in the credit world. The asset manager funded ...

(Bloomberg) -- Exchange-traded funds that hold bundles of corporate loans last week notched their first outflows since April, in the latest sign that investor concerns over credit quality are mounting ...

Polus Capital Management, an investment management firm specializing in alternative credit strategies, has announced the closing of Cairn CLO XX at €450 million. This milestone underscores Polus’ ...

It was once a rite of passage for millions of American schoolchildren before being phased out under the Obama administration. But now public school students across the U.S. once again face being rated ...

As equity investors take a fresh look at old CLO vehicles that are out of their non-call periods, a reset is not the only option, as a spate of liquidations has recently shown. There has been a surge ...

The $1.7T syndicated loan market and the multi-hundred-billion-dollar CLO market have long operated through manual, time-consuming processes that create inefficiencies and limit liquidity for ...